TSLA is up $10 out of the box this morning, a good time to update TSLA/TSLL and performance of our open options. Note also that all three positions expire this month and we will be rolling over into Jan-Mar expirations prior to Dec 20th. TSLA - 240 Minute Trend Model Immediate target remains > $400 and possibly as high as >$500 into 1st quarter, 2025. TSLL This is where things get even more interesting, as the EW & Fib Extension are suggesting a move to between $26-$38 for the next leg up. PRO Calls - TSLA & TSLL All of our PRO Service calls expire in December, three weeks from now, so its time to consider rollovers into the first quarter of 2025. No need for immediate action, unless looking to place initial capital, in which divide risk capital equally into each of the calls highlighted in the tables below. Jan Expiration Mar Expiration TSLA - Longer Term Weekly Trend Model TSLA remains our #1 Long Term B&H position with 5X to 10X appreciation potential over the next 3-5 years. $400 doesn't register in the longer term Fib Extension projection, suggesting a fast and furious run up >$400 and then into the $500's. Note: current all time high $414.50, Nov 2021, ergo, if TSLA breaks out above $400, panic buying could follow.
